Competitive Exams: Commerce MCQs (Practice-Test 50 of 99)

  1. Which one of the following factors does NOT influence wage and salary structure?

    1. Demand and supply

    2. Cost of living

    3. Job rotation

    4. Job requirements

  2. Which among the following is a direct advantage of incentive compensation?

    1. Mutual cooperation among the workers

    2. Decrease in absenteeism

    3. Increase in j3roductivity

    4. Better industrial relations

  3. Among tile following ‘change management’ methods which one is the most appropriate when the employees are unwilling to accept change?

    1. Participative method

    2. Directive method

    3. Leading by example

    4. Negative reinforcement

  4. In a group process there are some forces favoring and some other forces opposing changes. As a result equilibrium is maintained. This is described by Kurt Lewin as

    1. field of forces

    2. field of disputes

    3. field of conflicts

    4. cognitive dissonance

  5. People resist change in organizations because of

    1. fear of unemployment

    2. increase in responsibility

    3. need for new social adjustments

    4. All the above

  6. The size of an office can be measured in which of the following ways?

    1. Production capacity of the organisation.

    2. Number of employees

    3. Investment in equipment and machines

    4. Total administrative expenses

    Select the correct answer using the codes given below

    1. 1 and 4 are correct

    2. 1 and 2 are correct

    3. 1, 2 and 3 are correct

    4. 2, 3 and 4 are correct

  7. Centralizing the office work is5lesirable mostly because it

    1. fixes responsibility

    2. avoids duplication

    3. permits better supervision

    4. permits better delegation

  8. Which one of the following indicates the correct chronological order of the ‘system’ designed for purchasing ‘office supplies’

    1. Select sources of supply, initiate question, order supplies, receive supplies and pay vendor

    2. Initiate requisition order supplies, select sources of supply receive supplies and pay vendor

    3. Select sources of supply initiate requisition. Order supplies, pay vendor and receive supplies

    4. Initiate requisition, select sources of supply, order supplies, receive supplies and pay vendor

  9. Match List I with List II and select the correct answer:

    List-I (Office records) List-II (Need of such record)
    1. File

    2. Ledger

    3. Petty cash book

    4. Office manual

    1. Recording small and necessary expenses

    2. Recording transactions

    3. Keeping necessary documents

    4. Various rules of office procedures

    5. Computerizing office system

    • A
    • B
    • C
    • D
      • 3
      • 2
      • 1
      • 4
      • 4
      • 5
      • 3
      • 1
      • 3
      • 5
      • 1
      • 2
      • 4
      • 2
      • 3
      • 1
  10. Impact of O & M is that

    1. promotion possibility becomes restricted

    2. it leads to less scope for high salary and wages

    3. entire organization is streamlined

    4. work measurement is costly

  11. The term ‘organizational climate’ best represents

    1. human environment prevailing in an organisation

    2. union-management relations within an organisation

    3. problems introduced by faulty organizational structure

    4. socio-cultural environment in an organisation

  12. The Memorandum of Association shall be signed by each

    1. director

    2. shareholder

    3. subscriber

    4. promoter and director

  13. Changing the name of a company requires

    1. special resolution and approval of Company Law Board

    2. special resolution and approval of Securities and Exchange Board of India

    3. special resolution and approval of Central Government

    4. ordinary resolution and approval of

    Company Law Board

  14. Registration of Articles of Association is optional in the case of

    1. unlimited company

    2. priv1te company limited by shares

    3. company limited by guarantee public

    4. company limited by shares

  15. Power to use official seal of a company outside India is to be authorized by

    1. Articles of Association

    2. Memorandum of Association

    3. Both Memorandum and Articles of Association

    4. Central Government